Abstract
Life cycle economics is the only way to control individual buildings and real estates over long terms. VTT, in co-operation with two consulting firms has developed a systematic way to apply life-cycle economics on different stages of building design. This model has been presented in this paper. It is based on investment costs modified to annual costs, yearly maintenance costs, renovation costs modified to annual costs as well as on an analysis of benefits like incomes, effects on quality, and other nonqualified factors.
Original language | English |
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Title of host publication | Durability of building materials and components 8 |
Subtitle of host publication | Service life and asset management |
Place of Publication | Ottawa |
Publisher | NRC Research Press |
Pages | 2710-2715 |
ISBN (Print) | 978-0-660-17737-3 |
Publication status | Published - 1999 |
MoE publication type | B3 Non-refereed article in conference proceedings |
Event | 8th International Conference on Durability of Building Materials and Components, 8dbmc - Vancouver, Canada Duration: 30 May 1999 → 3 Jun 1999 |
Conference
Conference | 8th International Conference on Durability of Building Materials and Components, 8dbmc |
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Country/Territory | Canada |
City | Vancouver |
Period | 30/05/99 → 3/06/99 |